About Rs 80000 cr investments from Aditya Birla in Orissa

Aditya Birla Group, one of the largest business houses in the country with interests in various sectors including retail and textiles, plans to invest Rs 75,000-Rs 80,000 crore in Orissa.

The proposed investment will be made in retail, textiles and telecom, among other sectors, in the state over the next few years.

“We are committed to larger investments in Orissa. It is a very important investment destination for us; the company also intends to launch its retail business in the state as part of its national rollout plan in the next six months,” Kumar Mangalam Birla, chairman, Aditya Birla Group (ABG), said.

Birla was in the city to discuss some project-related issues with Orissa Chief Minister Naveen Patnaik.

“We have several projects in the state and we were here to apprise the chief minister about their progress,” Birla said.